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Sold for $420,000
  • $420,000

    905 Lapham Dr, South Lake Tahoe, CA 96150

    2beds
    2baths
    920sqft
    Duplex
    Built in 1957
    -- sqft lot
    $442,800 Zestimate®
    $457/sqft
    $2,470 Estimated rent

    Home value

    $442,800

    $421,000 - $465,000

    $2,470/mo

    Zestimate® history
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    $2,470/mo

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    $2,614/mo

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    What's special

    Rare chance to own a duplex in the desirable Tahoe Island neighborhood of South Lake Tahoe. Each unit has separate utility meters, providing flexibility for both investors and owner-occupants.Ideal for a buyer looking to live in one unit while offsetting the mortgage by renting the other, or for those seeking a long-term rental investment in a high-demand local housing market. The property provides income potential while still enjoying the benefits of homeownership in Tahoe.Conveniently located near shopping, restaurants, and bike paths, and just minutes to Lake Tahoe beaches and a short drive to Heavenly Ski Resort. The setting combines a residential neighborhood feel with easy access to year-round recreation.Ready for a new owner's personal touches and future improvements, offering the opportunity to build equity over time.A versatile property well-suited for full-time residents, second-home owners, or investors looking for a foothold in the Lake Tahoe Basin.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bret W Howard 530-318-5439 bret@howardtahoe.com,

    Berkshire Hathaway HS - SLT

    Bought with:

    Member Non

    Non Member Office

    Source: STAOR,MLS#: 142551MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Wall or Space Heater
    Cooling
    • Other
    Appliances
    • Included: Sep. Water Heater, Gas Water Heater
    Features
    • 1st Unit: 1 Bed - 1 Bath, 2nd Unit: 1 Bed - 1 Bath
    • Windows: Double Pane Windows
    • Basement: Concrete/Crawl Space
    Interior area
    • Total structure area: 920
    • Total interior livable area: 920 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 023782009000
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Frame, Wood Siding
    • Roof: Pitched,Composition
    Condition
    • Year built: 1957

    Utilities & green energy

    • Water: Water Meter
    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Tallac Park
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $108,315
    • Date on market: 3/2/2026
    • Cumulative days on market: 59 days
    • Date available: 01/01/1800
    • Listing terms: Cash to New Loan
    • Ownership: Fee Simple
    • Total actual rent: 0

    Price history

    DateEventPrice
    4/30/2026Sold$420,000-8.5%$457/sqft
    Source: STAOR #142551 Report a problem
    4/1/2026Pending sale$459,000$499/sqft
    Source: STAOR #142551 Report a problem
    3/2/2026Listed for sale$459,000+622.8%$499/sqft
    Source: STAOR #142551 Report a problem
    7/25/1994Sold$63,500$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $108,315 +2%
    2025$1,285 +5%$106,192 +2%
    2024$1,224 +1.7%$104,111 +2%
    2023$1,203 +1%$102,071 +2%
    2022$1,192 +1.5%$100,070 +2%
    2021$1,175 +1.4%$98,109 +1%
    2020$1,159 +0.5%$97,104 +2%
    2019$1,153 +2.1%$95,201 +2%
    2018$1,129 +1.5%$93,336 +2%
    2017$1,113 +1.9%$91,507 +2%
    2016$1,091 +3.9%$89,713 +1.5%
    2015$1,050 $88,367 +2%
    2014$1,050 $86,639 +0.5%
    2013-- $86,250 +4%
    2012-- $82,903
    2011-- $82,903 +0.8%
    2010-- $82,285 -0.2%
    2009-- $82,482 +2%
    2008-- $80,865 +2%
    2007-- $79,281 +2%
    2006-- $77,727 +2%
    2005-- $76,204 +2%
    2004-- $74,711
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $442,800
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    Estimated market value
    $442,800